Fortis Inc (TSE: FTS)

FTS Technical Analysis

5

As on
31st Oct 2017 FTS Share Price closed @
47.51 and we RECOMMENDStrong Buy
for LONG-TERM with Stoploss of
43.88 &
Strong Buy for SHORT-TERM with Stoploss of
45.62
we also expect STOCK to react on Following IMPORTANT LEVELS.

Fortis Inc. operates as an electricity and natural gas distribution utility in Canada. The company distributes natural gas to residential and commercial customers in British Columbia; owns and operates the natural gas transmission pipeline from the Greater Vancouver area across the Georgia Strait to Vancouver Island, and serves customers on Vancouver Island and along the Sunshine Coast of British Columbia; and owns and operates the natural gas distribution system in the Resort Municipality of Whistler, British Columbia. It also owns and operates the electricity distribution system in southern and central Alberta; owns 4 hydroelectric generating facilities with a combined capacity of 223 megawatts; provides operation, maintenance, and management services to hydroelectric plants; and distributes electricity on Prince Edward Island, Ontario, and the island portion of Newfoundland and Labrador. In addition, the company generates and distributes electricity in Belize, Grand Cayman, Cayman Islands; and Turks and Caicos Islands. Further, it operates non-regulated generating assets in Belize, Ontario, British Columbia, and Upstate New York State; and owns and operates 23 hotels comprising 4,400 rooms in 8 Canadian provinces, and approximately 2.7 million square feet of commercial office and retail space primarily in Atlantic Canada. The company serves approximately 2.4 million customers. Fortis Inc. was founded in 1977 and is based in St. John's, Canada.

Data and information is provided for informational purposes only, and is not intended for trading purposes.
Neither BazaarTrend.com website nor any of its promoters shall be liable for any errors or delays in the content,
or for any actions taken in reliance thereon.
Your use of this website constitutes acceptance of our Terms Of Service